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Deals & Dealmakers

Torose Equities, Merrimac Ventures and Linkvest Capital Acquire Interstate Corporate Center in Tampa for $31M

Torose 6302 LLC, a joint venture between Torose EquitiesMerrimac Ventures and Linkvest Capital, announced the acquisition of Interstate Corporate Center, an approximately 350,000 square-foot office complex located at 6302 E. Dr. Martin Luther King Jr. Blvd. in Tampa, FL, for $31 million. The seller was B&L Investments Interstate, LLC. Closing took place Jan. 18th.

The building was originally constructed in 1984 and renovated in 2018. The complex is currently approximately 80 percent leased to 11 tenants including Hillsborough County School Readiness Coalition, Inc., Ashley Furniture Industries, Inc., HealthPlanOne, LLC, and Florida Department of Revenue Child Support Services, among others, with the largest tenant, Concentrix CVG Customer Management Group, Inc., occupying 81,134 square feet.

Situated on nearly 50 acres, Interstate Corporate Center is conveniently located six miles southwest from Downtown Tampa’s major central business district at the northern quadrant of East Dr. Martin Luther King Junior Boulevard or Interstate 4 and East Chelsea Street. The property offers easy access to all major freeways and roadways, including Interstate 75, U.S. Highway 301, Interstate 4, and Lee Roy Selmon Crosstown Expressway.

Centennial Bank provided a $20.8MM loan to 6302 Torose LLC for the acquisition and improvements of 6302 Corporate Center.

For more information or for leasing opportunities, visit www.linkvestcapital.com.

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